The next generation disbursements platform
Visa Direct powers real-time¹ payment experiences and applications to help you drive business innovation.
Insurance companies or health plans can give members a secure, seamless and fast method for receiving claim reimbursements. While many companies offer bank deposit today, consumers often don’t have their bank routing and account numbers on hand when requesting a payment so default to cheque payments. Visa Direct enables the sending of funds over the Visa Network directly to any eligible debit or prepaid card simplifying the customer experience while reducing checks and operational costs.
¹Actual fund availability varies by financial institution.
Visa requires some issuers to make funds available to its cardholders within a maximum of 30 minutes of approving the transaction.
Drive better business with Visa Direct
Visa Direct helps your business operate more efficiently by reducing paper and check administrative costs,
while streamlining payment operations.
while streamlining payment operations.
Customer experience innovation
Create innovative, real-time¹ payment solutions to improve your customer’s experience. As most consumers or small businesses have a debit card readily available, Visa Direct offers more convenient options for reimbursements, refunds, or rebates compared to those which require a current account and bank routing number. Transactions are processed in real-time,¹ with funds available to use within 30 minutes¹ rather than waiting for a deposited cheque or ACH bank transfer to clear.
Enhanced reporting + reconciliation
Visa Direct provides reporting capabilities such as transaction reconciliation data in the API response. APIs provide real-time¹ confirmation of funds received by a recipient's financial institution that helps keep books current. This provides a much faster reconciliation process compared to waiting for consumers to deposit cheques.
Go paperless + streamline operations
Reduce costs associated with processing paper cheques and statements. Streamline operations with reduced customer service calls and back office exception handling. Improve your customer reimbursement, refund or rebate process with a simple, fast and convenient way to pay. Consumers simply enter their eligible debit or prepaid card number directly in their web or mobile form, allowing the business to submit the disbursement transaction. This is significantly less effort compared to the time and cost of issuing a cheque or ACH bank transfer set-up and managing micro-deposit confirmations.
¹Actual fund availability varies by financial institution.
Visa requires some issuers to make funds available to its cardholders within a maximum of 30 minutes of approving the transaction.
Partner with us
Providers of Visa Direct help merchants connect to Visa’s global payment network, enabling them to design new customer experiences.
-
Fiserv’s Disbursements service digitises and streamlines the often cheque-dominated payment process used by businesses to send payments to consumers. The result for the sender is reduced cost, better tracking and visibility, reduced likelihood of fraud, and improved customer/receiver experience that does not require the sender to have or hold the receiver's card or bank account information.
- Send almost any kind of consumer payment — insurance claims, rebates, payouts, refunds and more
- Flexible send methods include the ability to send payments via email or mobile, or even direct to an account number
- Fast delivery with instant or same day settlement
- Reduced costs as it eliminates the cost of cheque processing
- Flexible, configurable expiration period for each payment
- Send multiple payees a single payment (i.e. joint account owners for a claim payment, etc.)
Fiserv is driving innovation in Payments, Processing Services, Risk & Compliance, Customer & Channel Management and Insights & Optimisation. A global leader in financial services technology, Fiserv is a FORTUNE 500 company and one of FORTUNE magazine’s World’s Most Admired Companies.
-
Whether you pay earnings, commissions, reimbursements or royalties, Hyperwallet will help you scale to pay the planet. Hyperwallet’s frictionless payout technology and worldwide financial network supports mass payouts across the globe, giving you immediate access to new markets and new opportunities.
Using Hyperwallet’s REST APIs, SDKs and other back-end integration options, you can embed flexible payout capabilities directly into your website and applications. Payees can choose from a range of payout methods, including direct transfer to debit card, and can manage their funds and payout preferences online.
- Payouts in 170+ currencies to 200+ countries and territories
- Rapid payee registration and payout delivery processes
- Diverse payout methods, including transfer to debit card
- Secure bank and card account tokenisation
- Spreadsheet, XML batch file, REST API and JavaScript widget integration
- Embeddable payout UI and granular control of the payee experience
- Optional Hyperwallet-hosted portal and add-on modules
- Mobile-responsive branded website, standalone iOS and Android apps
-
Transform cash, cheque and ACH disbursements into real-time digital payments to anyone, anywhere.
From a simple API integration to our turnkey SaaS solution, Ingo Instant Payments is a sophisticated, configurable push payments platform featuring built-in bank sponsorship, compliance and security. Access a world of payment destinations – almost any debit prepaid or credit card, plus mobile wallets and cash disbursement – through our Ingo Payments Gateway. White-label notification services link to a hosted payment portal or PCI-compliant widget you can install on your own website.
- API, batch and manual payment options
- Intelligent routing to 4.5B+ accounts
- Recipient notification services
- PCI-compliant payment widget and hosted portal
- Full-service settlement and reporting
-
Stripe makes it easier than ever to accept (and disburse) payments online – whether that's on a website, iPhone app, mobile site, desktop app, or anywhere else. Many of today's most popular internet businesses act as a marketplace connecting networks of third-party buyers and sellers. (Think of ride-sharing or crowdfunding, for example.) With Stripe Connect, the first product of its kind, Stripe helps businesses of all types manage complex disbursement flows.
With Connect, in addition to receiving payments in over 100 currencies, Stripe verifies the identity and bank account information of the account-holders who are ultimately receiving money; ensures each account-holder gets paid the right amount and on the right schedule; and helps with tax reporting requirements. And using Instant Payouts, platforms on Stripe Connect can make sure that sellers and other account-holders can get paid immediately, at any time, seven days a week.
- Customisable checkout experiences
- Support for 100+ currencies
- Ability to securely store customers' cards for reuse
- Custom statement descriptors
- Integrated security & fraud prevention tools
- Fully customisable payout timing
- Help with identity verification, tax reporting, and more
- Central dashboard for managing all payments, customers and outbound transfers